Davide

Update on Davide

Davide is back again and in need for another loan. She wants to invest in an irrigation pump to water the planted field.

Her region and the village where she resides suffered from severe flooding all these past months; however, the residents hope that from now on the weather will be stable and they will be able to plant even though a bit late this time.

Davide purchased sows with the previous loan "thanks to the lenders," she said, smiling." Without their help, I would not be able to achieve what I achieved, despite my desire to do something. So again, thanks a lot to all of you who supported me and who support people in need like myself," was her last phrase.

Previous Loan Details

Davide, who arrived in her current region from another part of Northern Albania some years ago, is a mother of six children ranging from 11 to 26 years of age. Four of them are still attending school with one of them studying in university; another one is in high school and the other two still in…
More from Davide's previous loan »

Additional Information

About VisionFund Albania

VisionFund Albania is a micro-finance subsidiary of child hunger nonprofit World Vision International. Striving to improve child welfare, the organization offers a variety of loan products designed for rural, traditionally underserved clients and their families. These products include agriculture, business and household improvement loans, as well as "integration loans" targeted to help the poorest, most vulnerable Albanian households acquire value chain resources.

While VFA is focused on the empowerment of the poor overall, it pays special attention to women. About 60% of loans to entrepreneurs on Kiva go to women.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

This photo was used before for a previous loan for Davide. It was first posted on Kiva on May, 2012. Learn More

Photo from previous loan

Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.

Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.